Latest Oil platforms Stories
HOUSTON, Dec. 1, 2011 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that Maryann T. Seaman, Senior Vice President and Chief Financial Officer, will address attendees at the following event: Event: Capital One Southcoast 6th Annual Energy Conference Omni Royal Orleans Hotel 621 St. Louis Street New Orleans, LA 70140 Wednesday, December 7, at Noon EST Presentation:...
HOUSTON, Dec. 1, 2011 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a global alliance agreement with Anadarko Petroleum Corporation (NYSE: APC) to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Anadarko's first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies have collaborated on other projects including Independence...
HOUSTON, Nov. 30, 2011 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Limited, has received a early declaration from Maersk Olie og Gas AS ("Maersk") exercising both of the remaining one-year options for the jackup Energy Endeavour. The anticipated commencement date of the option period is April 2012, which commits the Energy Endeavour to Maersk for continued operation in the Danish Sector of the North Sea until...
HOUSTON, Nov. 30, 2011 /PRNewswire/ -- FMC Technologies, Inc (NYSE : FTI) announced today that its Australian subsidiary has signed an agreement with Chevron Australia Pty Ltd for the design, manufacture and supply of subsea production systems to support the Wheatstone Project. The contract has an approximate value of $325 million in revenue to FMC Technologies. The Chevron-operated Wheatstone Project comprises the Wheatstone and Iago gas fields, located offshore Western...
HOUSTON, Nov. 21, 2011 /PRNewswire/ -- Parker Drilling (NYSE: PKD) announced today that David C. Mannon, president and chief executive officer, will present at the Dahlman Rose Conference in New York, NY. The Company's presentation is scheduled to begin at 8:10 a.m. EST (7:10 a.m. CST) on Wednesday, Nov. 30. A link to the live presentation and copies of the slides will be available through the Company's Web site at http://www.parkerdrilling.com at the Investor Relations tab....
HOUSTON, Nov. 17, 2011 /PRNewswire/ -- Shell Oil Company is now producing oil from the world's deepest subsea well at its Perdido Development, utilizing advanced technology to lead the way in increasing the company's ability to produce more domestic oil and gas resources. The well, at 9,627 feet below the water's surface, is located in the Tobago Field 200 miles southwest of Houston in the ultra-deep water of the Gulf of Mexico. Tobago is jointly owned by Shell (32.5%, as operator), Chevron...
As part of a five year proposal unveiled Wednesday, the White House announced plans to open new areas in the Gulf of Mexico and Alaska for offshore oil drilling, but will continue to prohibit development on the East and West Coasts, according to John M. Broder of the New York Times. Broder said that the Obama administration's proposals, which will cover the five-year period from 2012 through 2017, "disappointed environmentalists but fell far short of what the oil industry and its...
TULSA, Okla., Oct. 25, 2011 /PRNewswire/ -- Williams Partners L.P. (NYSE: WPZ) announced today that it has signed multiple agreements with Hess Corporation (NYSE: HES) and Chevron (NYSE: CVX) to provide production handling, export pipeline, oil and gas gathering and gas processing services in the Tubular Bells field development located in the eastern deepwater Gulf of Mexico. Hess and Chevron, owners of the Tubular Bells leases, will utilize Williams Partners' proprietary floating...
HOUSTON, Oct. 21, 2011 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a three-year contract with Pemex Exploration and Production for the manufacture and supply of surface wellheads to support its drilling and well maintenance programs in the Gulf of Mexico. The award is expected to result in approximately $36 million in revenue to FMC Technologies if all of the equipment included in the contract is ordered. The agreement provides assurance that at...
HOUSTON, Sept. 21, 2011 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that its subsidiary, Jet Drilling (S) Pte. Ltd. received a Letter of Award from Oil and Natural Gas Corporation Limited ("ONGC") for its semisubmersible Energy Driller for work offshore India. The term of the contract is for three years with initial operations commencing off the west coast during the first quarter of 2012. The Energy Driller completed its previous three-year contract with...
